4 stages of Bitcoin halving:
Rally before halving
Approximately 21 days until the April 2024 Bitcoin halving
Pre-halving rallies are likely to occur around 60 days before the halving.
History repeats itself here
The pre-halving rally took place days earlier than planned.
Additionally, Bitcoin achieved historic and unprecedented success in pre-halving price action, breaking all-time highs. The point... words
However, the upward momentum has slowed down
In fact, Bitcoin is down -18% in recent weeks
It is clear that the "pre-halving rally" phase has moved into the next phase of the Bitcoin halving cycle:
“Withdrawal before halving” phase
Therefore, the “pre-halving rally” phase is most likely over,
Bitcoin has entered the “pre-halving pullback” phase